SIGMA DESIGNS, INC. SHAREHOLDER ALERT Rigrodsky & Long, P.A. Announces Investigation of Buyout
Rigrodsky & Long, P.A.:
- Do you own shares of Sigma Designs, Inc. (NASDAQ GS: SIGM)?
- Did you purchase any of your shares prior to December 7, 2017?
- Do you think the proposed buyout is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Sigma Designs, Inc. (“Sigma Designs” or the “Company”) (NASDAQ GS: SIGM) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Silicon Laboratories Inc. (“Silicon Laboratories”) (NASDAQ GS: SLAB) in a transaction valued at approximately $282 million. Under the terms of the agreement, shareholders of Sigma Designs will receive $7.05 in cash for each share of Sigma Designs common stock.
If you own common stock of Sigma Designs and purchased any shares before December 7, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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